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1 September 2026
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Walmart Secures Nuclear Power to Support Illinois Distribution Center Operations
Energy & Climate

Walmart Secures Nuclear Power to Support Illinois Distribution Center Operations

Walmart has signed a long-term agreement to purchase carbon-free electricity from a nuclear plant in Illinois, aiming to power its new distribution center and advance sustainability goals.

BYD Surpasses Tesla in European EV Market as Prices and Range Drive Shift
Energy & Climate

BYD Surpasses Tesla in European EV Market as Prices and Range Drive Shift

Chinese automaker BYD overtook Tesla in EU electric vehicle sales, fueled by aggressive pricing, a broader model lineup, and battery technology advancements.

Dubai Crypto Sector Expands to 50 Licensed Firms Under VARA Oversight
Crypto & Fintech

Dubai Crypto Sector Expands to 50 Licensed Firms Under VARA Oversight

Dubai’s crypto regulator VARA has approved its 50th licensed firm, underscoring the emirate’s growing prominence as a regulated hub for digital asset businesses.

Banks Grapple with Complex Compliance Challenges Amid U.S.-Iran Sanctions Shift
Defense & Security

Banks Grapple with Complex Compliance Challenges Amid U.S.-Iran Sanctions Shift

As the U.S. moves to lift long-standing sanctions on Iran, banks face significant hurdles adapting to evolving compliance requirements and managing risk in a fast-changing regulatory environment.

Edison Scientific emerges from nonprofit FutureHouse to lead AI-driven drug discovery ventures
Corporate Power

Edison Scientific emerges from nonprofit FutureHouse to lead AI-driven drug discovery ventures

Spun off from nonprofit FutureHouse after major pharma interest, Edison Scientific secured significant venture funding to commercialize AI agents for drug development.

HP Aligns with OpenAI to Advance Agentic AI Across Business Operations
Big Tech

HP Aligns with OpenAI to Advance Agentic AI Across Business Operations

HP has partnered with OpenAI to embed cutting-edge agentic AI into its customer services, workforce platforms, and software development, aiming to enhance efficiency and automate workflows.

US Dollar Strengthens Sharply Amid Federal Reserve Rate Hike Expectations and AI Investment Surge
Markets & Macro

US Dollar Strengthens Sharply Amid Federal Reserve Rate Hike Expectations and AI Investment Surge

The US dollar has risen significantly this year, propelled by expectations of Federal Reserve rate hikes and growing investor enthusiasm for AI-related US assets.

Auto Loan Refinancing Surges as Interest Rates Decline Following Fed Cuts
Markets & Macro

Auto Loan Refinancing Surges as Interest Rates Decline Following Fed Cuts

Auto loan refinancing volumes nearly doubled in early 2026 as falling interest rates and rising vehicle costs prompt consumers to seek better loan terms.

Tech Companies Cite AI-Driven Chip Shortages Behind Rising Device and Console Prices
Markets & Macro

Tech Companies Cite AI-Driven Chip Shortages Behind Rising Device and Console Prices

Major tech firms blame surging chip and memory costs driven by AI demand for recent price hikes in devices and gaming consoles that are years old.

Insilico and SK Biopharmaceuticals Forge Up-to-$2.5B AI Partnership for Neuroimmune Drug Development
Corporate Power

Insilico and SK Biopharmaceuticals Forge Up-to-$2.5B AI Partnership for Neuroimmune Drug Development

Insilico Medicine teams with SK Biopharmaceuticals to harness AI in discovering and developing drugs targeting neuroimmune disorders of the central nervous system, in a deal worth up to $2.5 billion.